A Thai crypto trader has shared his experience of being cheated by foreign scammers in a very strange way. All forex traders should beware of this form of scam. Tthere are many thieves in the crypto market. The trader described this scam as:
I'm going to share a story about being tricked into transferring cryptocurrencies. I lost almost 40,000 Baht. The way I was deceived is by a Facebook accpimt called Aibing Hongan. I am a Chinese, chatting and talking normally. Until he asked ms if you would like to buy it at a price 3 times higher than the market price？ I asked Aibing why buy a higher price than usual？ He reasoned that China has banned exchanging cryptocurrencies by the government.
Then I asked how to transfer to him and whether it would be cheated or not？ Aibing offered to trade through an agent at the website, https://safep2ptrade.com/. But when we signed up and went to the website, it looked strange that we couldn't find any information on the internet, so we informed Aibing that we were worried about this website. Then Aibing offered another website, which is https://escrow-service.co.uk/. This website looked better than the first one, so I decided to trade together.
Then Aibing told me how to do as following:
1. Say “hello” to the support team on the website in English that “There is a desire to sell cryptocurrencies.”
2. The support team will send me a Telegram chat group link. Then let us send this link to buyer again. That was Aibing to talk in groups.
3. Then the admin in the group will act as an intermediary for various inquiries. The conclusion is that I will sell Gala 3,758.238 and ENJ 92.0079 (at that time, it was worth about 30,000 Baht) as for the buyer to buy at price $2,610$ (about 83,000 Baht)
4. After agreeing, admin will inform details of the process, namely, when both parties (Aibing and myself) transfer money and cryptocurrencies. to the intermediary in full as agreed in Step 3 and the service fee has been paid to allow withdrawals and was urged that “It should not be known to outsiders who are not involved in the trade.”
5. After admin sent the address of the bag (by sending it in the private chat Not in the group). After that, the website page showed that Aibing has transferred $ 2,610 to the agent (about 83,000 Baht).
6. I transferred Gala and ENJ to the agent, then notified the admin that the transfer has been made.
7. Admin notified that it has been received. And I transferred a service fee of 10% of the total amount, which was $261. After that, the admin told me that I could withdraw the money. The withdrawal period to our wallet would be 24-48 hours. But when we pressed the confirmation of withdrawal, the website has nothing to report back to know what the status is. So I tried to press withdrawal again, total 4 rounds.
8. After a few days, an email info@escrow-service.co.uk was sent to me, saying that the account has been suspended, due to multiple withdrawals. If I directly open an account to withdraw payments, transfer another $522, (about 16,000 Baht) and this amount will be combined with the original $2,610, totaling $3,132 (about 100,000 Baht).
9. I know I have been deceived, so I asked to negotiate with the admin, but the admin confirmed that the payment in Step 8 must be paid before it can continue. I have both contacted the support team on the website, and got the same answer.
At this point, I know that I have been deceived since Step 7, because after the transfer is completed, the admin and Aibing responded to me slowly. Before answering each time is across the day It's not like before transferring. Ask immediately and also answer right away.
Because greed has lost almost 40,000 baht and I have not consulted anyone first. So I hit it with myself. At this point, many people would have questions, why was it so stupid？ Why was it so easy to believe？ Who would buy the price 3 times higher than normal？
Yes, but the reason and the speech his explanations were everything that blowed my mind. Let my story be a parable.
